For tax purposes, a Stripper Well is defined as any oil or natural gas well property whose maximum daily average oil production does not exceed 15 bbls of oil or any natural gas well whose maximum daily average gas production does not exceed 90 Mcf, per day, during any 12-month consecutive time period. Often used interchangeably with the term “Marginal Well” although they are not the same. (Tax code of the United States Internal Revenue Service, 1986)